Summer Placements
IIM Calcutta’s Summer Placement process for the batch of 2019-21 kicked off on October 20, 2019. It was one of the largest batches in IIMC’s 56-year-old history with 480 students. The process saw a participation of 136 firms giving a total of 495 offers, with the whole batch getting placed in a record time of two days.
The offers had a healthy distribution across sectors, with consulting being the leading sector with 23% of the total offers. Top recruiters were BCG, Bain, McKinsey, AT Kearney and Accenture Strategy. The campus retained its crown as the Finance campus of the country with a 35% increase in offers in the sector, and 20% of the total offers. The top recruiters included Citibank, Goldman Sachs, Bank of America Merrill Lynch, Gaja Capital and Barclays. Conglomerates such as Tata Group (TAS), Mahindra & Mahindra, Aditya Birla Group, RPG offered leadership roles to the students. Other major firms include JSW, Hinduja. The FMCG sector contributed to 21% of the total offers, with major firms like Coca Cola, HUL, AB InBev, P&G, RB, ITC, J&J, Asian Paints, etc. being a part of the recruitment process. The other major sectors included General Management (14%), E-commerce & Operations (13%) and Product Management (9%). Several firms like Bank of America Merrill Lynch, Deutsche Bank, Barclays, Hexaware opened up international roles. Amazon remained the largest and the most consistent recruiter with the highest number of offers across domains. Some of the first-time recruiters on the campus included firms like Adobe, Apparel Group, Puma, Cochlear, Emami and Valuelabs among others.
Overall, the Summer Placement process was a huge success with 100% placements, indicating the strong industrial ties of the campus and the strong calibre of the students.
Click here to view the Summer Placement Report
Final Placements
IIM Calcutta completed its final placement week for the 58th batch of its flagship 2-year MBA program on 24th February 2023 by securing 573 offers for the 465 students.
This placement drive followed a cluster-cohort process with all firms of a cluster getting equal opportunity to interview. The process was conducted in a hybrid mode and saw the expansion of Hold and Wait (16 extra offers) and Dreams (34 extra offers) policies. IIM Calcutta implements cluster-cohort, hold and wait and dreams policies to enable recruiters to find a better Company-Student fit.
The consulting sector recruited the highest (232 offers), followed by the Finance sector (86 offers), and the two sectors accounted for 55.5% of the total hires. The campus welcomed the participation from top financial institutions like A91 Partners, BNP Paribas, Franklin Templeton, Goldman Sachs, HSBC, Macquarie Group, Nomura, etc. Leading consulting firms like Accenture Strategy, Bain & Co., Boston Consulting Group, Kearney and McKinsey & Co. were the top recruiters in the consulting sector. Sales & Marketing (52 offers) and General Management (82 offers) combined accounted for 23.4% of total hires, with companies like Aditya Birla Group, Tata Administrative Services, Vedanta, etc. being amongst the top recruiters in this sector.
Top software services and E-commerce brands continued their strong showing accounting for nearly 18.2% of hires. Top recruiters included Amazon, Adobe, Flipkart, Microsoft, Navi, Paytm, Salesforce, Zomato, etc.
The Placement Season concluded with students receiving average yearly compensation of INR 35.07 Lakh and median compensation being INR 33.67 Lakh.